Started operations in 2013, Aether Industries is the specialty chemical manufacturer in India. They are mainly involved in producing advanced intermediates and specialty chemicals involving complex and differentiated chemistry and technology core competencies.
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Key Features of Aether Industries IPO
- Aether Industries IPO will open on May 24, 2022
- You can apply in this IPO from May 24, 2022 to May 26, 2022.
- Issue Price band of the company is ₹ 610 to ₹ 642 per equity share.
- Aether IPO comprises fresh issue of equity shares worth approx ₹ 627 Crores and an offer for sale (OFS) of approx. 2,820,000 equity shares.
- It has a minimum 23 shares in one lot and you have to spend a minimum of ₹14,766 for 1 lot.
- Aether IPO is looking to raise ₹ 808 Crores through this IPO.
What is Aether Industries Ltd ?
- Aether Industries is the leading global manufacturer of fine and specialty chemicals and active ingredients.
- They also provide Contract Research and Manufacturing Services (CRAMS) and Contract / Exclusive Manufacturing services.
- Their products are used for the pharmaceutical, electronic chemical, flavor and fragrance, specialty polymer, agrochemical, and material science industries.
- They are the fastest growing specialty chemical companies in India. Growing at 60% of CAGR (Fiscal Year 2018-2021)
- Aether has Production capacity of more than 6000 MT in their state-of-art and DCS automated manufacturing facilities.
- The firm has two manufacturing facilities in Gujarat. MF 1 is an approx. 3,500 square meters and MF 2 with an approx.. 10,500 square meters area.
- Mr. Ashwin Desai is the Managing Director of Aether Industries Ltd.
- On the revenue front, Aether Industries has been in profits for the last 3 consecutive years. Positive sign for investors.
GMP of Aether IPO
- Grey market is an unregulated market to trade IPO shares before listing.
- Aether IPO price band is placed at ₹ 610 to ₹ 642
- But the grey market premium of this share is currently 1.87% i.e. at ₹654.
- So the share price of Aether IPO in the grey market is ₹ 654 (₹642 + ₹12)
Click here to Get Details IPO Grey Market Premium (GMP) Live
Aether IPO Live Subscription Status
Aether Industries IPO is subscribed 6.26 times on it’s final day of listing i.e. on May 26, 2022.
Click here to Get Details IPO Subscription Status Live
Aether IPO Date, Lot Size, Allotment
Aether IPO Details
| IPO Start Date | May 24, 2022 |
| IPO Close Date | May 26, 2022 |
| Fresh Equity Share Issue | Approx. ₹ 627 Crores worth of equity shares |
| Offer for Sale | Approx. 2,820,000 Equity Shares |
| Face Value | ₹ 10 Per Equity Share |
| Price Band | ₹610 – ₹642 Per Equity Share |
| Retail Quota Share | 35% |
| QIB Quota | 50% |
| NII (HNI) Quota | 15% |
| Listing on | NSE & BSE |
| Employee Discount | – |
| DRHP | View |
Aether IPO Timetable
| IPO Start Date | May 24, 2022 |
| IPO Close Date | May 26, 2022 |
| Basis of Share Allotment Date | May 31, 2022 |
| Refunds Date | June 01, 2022 |
| Credit of shares to Demat Account Date | June 02, 2022 |
| IPO Listing Date | June 03, 2022 |
Aether IPO Lot Size
| Minimum Lot Size | 23 shares for 1 lot |
| Minimum Amount | ₹ 14,766 for 1 lot |
| Maximum Lot Size | 299 Shares (13 lot) |
| Maximum Amount | ₹191,958 (for 13 Lot) |
Aether Ltd Financial Report (2019-2022)
Company is in profits from last 3 years. Positive sign for investors.
| Year | Revenue | Expense | PAT (Profit / Loss After Tax) |
| 2022 (6M) | ₹296 | ₹216 | ₹57.51 |
| 2021 | ₹454 | ₹356 | ₹71.12 |
| 2020 | ₹304 | ₹247 | ₹39.96 |
| 2019 | ₹203 | ₹171 | ₹23.34 |
Aether IPO – Basis of Allotment
- Aether IPO’s 50% quota is reserved for the QIB category.
- 15% quota is reserved for NII Category and
- 35% quota is reserved for retail investors.
How to Apply in Aether IPO ?
- You can apply for the Aether IPO through the ASBA facility available in your bank account.
- Just login to your online banking. Go to the IPO section and apply for Aether IPO.
- Also you can apply this IPO through your trading account.
- One more way to apply in this IPO is through forms which you can download from NSE and BSE website.
- After downloading forms, fill it properly and submit it to the respective banks or to your broker.
How to apply for the Aether IPO through Zerodha?
- Login to your console in Zerodha through desktop or app.
- Then go to your portfolio and click on IPO.
- You will see Aether IPO
- Then click on the bid button.
- After this enter your UPI ID, price and quantity (lot size)
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
How to apply for the Aether IPO through Upstox?
- Login to your Upstox account through desktop or app.
- You will see the name Aether IPO
- Then hit the bid button.
- Click the submit button.
- At last you have to go to your UPI app to approve the mandate.
Aether IPO Allotment Status
You can check Ethos IPO allotment status on Registrar and Transfer Agent Website
Also you can check the allotment status on NSE Website
Other Information in Aether IPO
Aether IPO Promoters
- Ashwin Jayantilal Desai
- Purnima Ashwin Desai
- Rohan Ashwin Desai
- Dr. Aman Ashvin Desai
- AJD Family Trust
- PAD Family Trust
- RAD Family Trust
- AAD Family Trust
- AAD Business Trust
Aether IPO Lead Managers
- HDFC Bank Limited
- Kotak Mahindra Capital Company Limited
Aether Contact Information
Aether Industries Limited
Plot No. 8203, GIDC, Sachin,
Surat- 394230
- Phone: +91 261 660 3360
- Email: compliance@aether.co.in
- Website: https://aether.co.in/
Aether IPO Registrar Contact Information
Link Intime India Private Ltd
- Phone: +91-22-4918 6270
- Email: aether.ipo@linkintime.co.in
- Website: https://linkintime.co.in/
Paisa kaudi recommendation on Aether IPO
Aether Indutries Ltd is the leader in specialty chemical manufacturer in India. Price band is on a higher side. Can be considered for long term gain. You may get this share on discount after listing.
Keep checking the GMP for more clear picture. Stay alert as markets are volatile now a days.
Aether IPO FAQs
Aether IPO is the main-board IPO which will be listed on NSE & BSE. They are going to raise Approx ₹808 crores through this IPO. One lot has minimum 23 shares and you have to spend a minimum ₹14,766 for 1 lot.
Aether IPO price band is ₹610 to ₹642.
One lot has minimum 23 shares and you have to spend a minimum ₹14,766 for 1 lot. Maximum lot is 13 and you have to spent ₹191,958 for 13 lots.
Aether IPO’s 35% quota is reserved for retail investors. 15% quota is reserved for NII Category and 50% quota is reserved for the QIB category.
Aether IPO will open on May 24, 2022.
Basis of Allotment for Aether IPO will happen on May 31, 2022 and allotted shares will be deposited in your demat account on June 02, 2022.
Shares of Aether IPO will list in the market on June 03, 2022.